Building a Financially Capable America Through Education ...
A U.S. Treasuries price consists of a "handle" (the numbers to the left of the -) and "32nds". The two-year Treasury's handle is 99, and the 32nds are 23. We must convert those values into a percentage to determine the market price for this bond. To do so, we first divide 23 by 32. This ................
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